SHETLAND ISLANDS BROADCASTING COMPANY LIMITED
🌳Matureactive
SC095224 · ltd · incorporated 1985-09-23
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 38.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£73.4k
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Radio broadcasting
Sector: Information & communication
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (73/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 38.9y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 38.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (5 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £73,410
Net assets shrinking
Down £3,382 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£73k
↓ 4.4% YoY
Current Assets
£33k
↑ 2.3% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-10-01 | 2024-10-01 |
|---|---|---|
| Total assets | £73.4k | £76.8k |
| Current assets | £32.7k | £31.9k |
| Net assets | £73.4k | £76.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-10-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-10📄change-person-director-company-with-change-dateofficers · CH01
- 2023-05-10📄change-person-secretary-company-with-change-dateofficers · CH03
- 2023-05-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-07➕ANDERSON, Bo Ellis appointeddirector
- 2023-05-07➕ANDERSON, Finn Erik appointeddirector
- 2023-05-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-13📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2018-11-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 1992-08-12🔓Charge satisfied #1
- 1992-08-06🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1992-07-10🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1991-12-01➖GRUNBERG, James Edward resigneddirector
- 1987-06-24🔒Charge registered #1Lender: Shetland Islands Council
- 1985-09-23🏢Company incorporatedAs SHETLAND ISLANDS BROADCASTING COMPANY LIMITED
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — ANDERSON, Bo Ellis (same surname) appointed 2023-05-07. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Inga Ruth Walterson Individual · Scottish · DOB 05/1964 · age 62 | — | — | sig. influencesignificant influence | 06/04/2016 |
Mr Ian James Douglas Anderson Individual · United Kingdom · DOB 11/1946 · age 80 | — | — | sig. influencesignificant influence | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · ZE postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BUSINESS SUPPORT SOLUTIONS (UK) LIMITED→ SC211436 · est 2000 | — | — | — | 200 | 25y | 81 | 59y |
| SHETLAND ISLANDS CITIZENS ADVICE BUREAU→ SC176817 · est 1997 · no financials extracted | — | — | — | — | 28y | 81 | 72y |
| D L J DESIGN LIMITED→ SC278287 · est 2005 | — | — | — | — | 21y | 80 | 83y |
| ASPIRE INTERNATIONAL CONSULTANTS LIMITED→ SC645471 · est 2019 | — | — | — | 200 | 6y | 77 | 62y |
| SHETLAND NEWS ONLINE LTD→ SC566561 · est 2017 | — | — | — | 5 | 9y | 77 | 66y |
| ALCHEM ENGINEERING LTD→ SC652846 · est 2020 | — | — | — | — | 6y | 76 | 60y |
| NB COMMUNICATION LTD→ SC284803 · est 2005 | — | — | £463.0k | — | 21y | 76 | 51y |
| MESOMORPHIC LTD→ SC519238 · est 2015 | — | — | — | 100 | 10y | 74 | 42y |
| MH APPS LTD→ SC374017 · est 2010 | — | — | — | 200 | 16y | 74 | 48y |
| HYDROPIXEL LTD→ SC424530 · est 2012 | — | — | £6.2k | — | 14y | 73 | 46y |
| SHETLAND ARTS IP C.I.C.→ SC404044 · est 2011 · no financials extracted | — | — | — | — | 14y | 73 | 55y |
| JLP INTERNET LTD→ SC571143 · est 2017 | — | — | £14.9k | — | 8y | 72 | 42y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1985-09-23
Jurisdictionscotland
Primary SIC60100 — Radio broadcasting
Registered office
6b Market Street
Lerwick
Shetland
ZE1 0JN
Filing status
Accounts
Next due: 2027-07-01
Last made up to: 2025-10-01
Confirmation statement
Next due: 2027-01-10
Last: 2025-12-27
Officers (5 active · 1 resigned)
Active
ANDERSON, Bo Ellis→
Activedirector · ~28y · appointed 2023-05-07
View their other companies + combined net worth →
ANDERSON, Finn Erik→
Activedirector · ~24y · appointed 2023-05-07
View their other companies + combined net worth →
Active
Active
GRUNBERG, James Edward→
Resigneddirector · resigned 1991-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/08/1992 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 10/07/1992 | — | |
| satisfied | Shetland Islands Council | Standard security | 1 property | 24/06/1987 | 12/08/1992 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-31
change-person-director-company-with-change-date
officers · CH01
2023-05-10
change-person-director-company-with-change-date
officers · CH01
2023-05-10
change-person-director-company-with-change-date
officers · CH01
2023-05-10
change-person-director-company-with-change-date
officers · CH01
2023-05-10
change-person-secretary-company-with-change-date
officers · CH03
2023-05-10
appoint-person-director-company-with-name-date
officers · AP01
2023-05-09
appoint-person-director-company-with-name-date
officers · AP01
2023-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30